New Condo Launch 2023
The year 2023 promises to be an exciting one for homebuyers, with several new condo launches across Singapore. These new condo projects are expected to offer state-of-the-art amenities, innovative designs, and a range of unit sizes and layouts to suit different lifestyles and budgets.
Whether you are a first-time buyer looking for a cosy studio or a growing family in need of a spacious three-bedroom unit, there is something for everyone in the upcoming condo launches.
New Condo Launches in Q1 - Q2 2023
With new condo developments being launched regularly in Singapore, there is a wide range of options to choose from. It is often advantageous to purchase a new condo during its launch, as its prices are usually lower than the market price once the development is completed. Check out the list of upcoming new condo launches! Download their respective price lists, floor plans and book exclusive show flat viewings!
PREVIEW: 25 MAR 2023 | LAUNCH: 8 APR 2023
- 369 Tanjong Katong Rd
- District 15 (RCR)
- Tanjong Katong (TE25)
- 589,743 sq ft
- 638 units (1 - 5 bedroom)
- S$1,415 - S$2,964 psf (est.)
- Est. TOP: 2028
- 99-year leasehold
- City Developments Limited (CDL)
PREVIEW: 30 MAR 2023 | LAUNCH: 15 APR 2023
- 2A Thiam Siew Avenue
- District 15 (RCR)
- Paya Lebar (EW8), Dakota (CC8)
- 263,794 sq ft
- 816 units (1 - 5 bedroom)
- S$1,743 - S$2,648 psf (est.)
- Est. TOP: 2027
- Freehold
- Hoi Hup Realty & Sunway Developments
PREVIEW: Q1 2023 | LAUNCH: Q1 2023
- Slim Barracks Rise
- District 5 (RCR)
- Buona Vista (EW21), one-north (CC23)
- 63,905 sq ft
- 142 units (1 - 4 bedroom)
- From S$2,400 psf (estimated)
- Est. TOP: 2026
- 99-year leasehold
- Kingsford Development Pte. Ltd.
PREVIEW: Q1 2023 | LAUNCH: Q1 2023
- 9E & 9F Yuan Ching Rd
- District 22 (OCR)
- Lakeside (EW26)
- 134,172 sq ft
- 306 units (1 - 4 bedroom)
- From S$1,077 psf (estimated)
- Est. TOP: 2026
- 99-year leasehold
- Wing Tai Holdings Limited
PREVIEW: 14 APR 2023 | LAUNCH: Q2 2023
- 22 Lentor Central
- District 26 (OCR)
- Lentor (TE5)
- 184,460 sq ft
- 595 units (1 - 5 bedroom)
- S$1,743 - S$2,648 psf (estimated)
- Est. TOP: 2027
- Freehold
- Intrepid Investments, GuocoLand (Singapore) & TID Residential Pte. Ltd.
PREVIEW: 21 APR 2023 | LAUNCH: Q2 2023
- 80 Anson Rd
- District 2 (CCR)
- Tanjong Pagar (EW15)
- 655,000 sq ft
- 256 units (1 - 4 bedroom)
- From S$3,000 psf (estimated)
- Est. TOP: 2028
- Freehold
- City Developments Limited (CDL)
PREVIEW: 22 APR 2023 | LAUNCH: 5 MAY 2023
- 5 Jln Anak Bukit
- District 21 (OCR)
- Beauty World (DT5)
- 1,039,000 sq ft
- 890 units (1 - 5 bedroom)
- S$1,546 - S$2,391 psf (est.)
- Est. TOP: 2026
- 99-year leasehold
- Far East Organization
PREVIEW: Q2 2023 | LAUNCH: Q2 2023
- 2 Dunman Rd
- District 15 (RCR)
- Dakota (CC8)
- 950,677 sq ft
- 1035 units (1 - 4 bedroom)
- S$1,730 - S$2,197 psf (estimated)
- Est. TOP: Q4 2027 - Q1 2028
- 99-year leasehold
- Sing-Haiyi Jade Pte. Ltd.
PREVIEW: Q2 2023 | LAUNCH: Q2 2023
- 8 Shenton Way
- District 1 (CCR)
- Tanjong Pagar (EW15)
- 1,029,306 sq ft
- 215 units (1 - 4 bedroom)
- From S$2,827 psf (estimated)
- Est. TOP: 2028
- 99-year leasehold
- Perennial Holdings & Alibaba
PREVIEW: Q2 2023 | LAUNCH: Q2 2023
- 20 Maxwell Rd
- District 1 (CCR)
- Maxwell (TE18), Tanjong Pagar (EW15)
- 41,799 sq ft
- 324 units (1 - 4 bedroom)
- From S$2,542 psf (estimated)
- Est. TOP: 2027
- 99-year leasehold
- Chip Eng Seng Corp, SingHaiyi Investments & Chuan Investments
LAUNCHED: 4 MAR 2023
- 3 Dairy Farm Walk
- District 23 (OCR)
- Hillview (DT3)
- 354,060 sq ft
- 386 units (1 - 5 bedroom)
- Avg S$2,066 psf
- Est. TOP: 2027
- 99-year leasehold
- Sim Lian JV (Dairy Farm) Pte Ltd
LAUNCHED: 25 FEB 2023
Terra Hill
- 22 Yew Siang Rd
- District 5 (RCR)
- Pasir Panjang (CC26)
- 291,820 sq ft
- 270 units (1 - 5 bedroom)
- From S$2,404 psf
- Est. TOP: 2026
- Freehold
- Hoi Hup Realty and Sunway Developments
Upcoming New Condo Launches in Q3-Q4 2023
There are several exciting new condo launches in the pipeline for the latter half of 2023 that are eagerly anticipated by investors and homeowners alike, and it is crucial to act fast to secure a spot.
Interested buyers are encouraged to download price lists and floor plans and book showflat viewings to make informed decisions about these exciting projects. With Singapore’s stable economy and high demand for properties, investing in these new condo launches could be a wise decision for the long term.
PREVIEW: Q3 2023 | LAUNCH: Q3 2023
- Flora Drive
- District 17 (OCR)
- Tampines East (DT33)
- 232,291 sq ft
- 276 units (1 - 4 bedroom)
- TBC psf (estimated)
- Est. TOP: 2028
- 99-year leasehold
- Hong Leong, CDL, TID
PREVIEW: Q3 2023 | LAUNCH: Q3 2023
J'den (Former JCube)
Download J'den Condo Price List
Download J'den Condo Floor Plan
Book Showflat Viewing Appointment
- 2 Jurong East Central 1
- District 22 (OCR)
- Jurong East (NS1/EW24)
- 316,741 sq ft
- 160 units (1 - 4 bedroom)
- From S$2,000 psf (estimated)
- Est. TOP: 2027
- 99-year leasehold
- Capitaland
PREVIEW: Q3 2023 | LAUNCH: Q3 2023
Pinetree Hill
- 1H Pine Grove
- District 21 (OCR)
- Dover (EW22)
- 242,561 sq ft
- 520 units (1 - 5 bedroom)
- TBC psf (estimated)
- Est. TOP: 2026
- 99-year leasehold
- UOL Group & Singapore Land Group
PREVIEW: Q3 2023 | LAUNCH: Q3 2023
- Bukit Batok West Ave 8
- District 17 (OCR)
- Bukit Batok (NS2)
- 134,004 sq ft
- 375 units (1 - 4 bedroom)
- TBC psf (estimated)
- Est. TOP: 2026
- 99-year leasehold
- Qingjian Realty & SNC Realty
Find Singapore's Top New Launch Condos
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FAQs about New Condo Launches
Stay up-to-date on Singapore’s dynamic real estate market with our comprehensive condo guide and expert analysis on the latest property news.
New Condo Launch list for 2023
| Project name | Number of units | Region | Type of sale | Tenure | Developer |
| Marina View | 905 | CCR | GLS | 99-year | Boulevard View (IOI Properties) |
| Tanah Merah Kechil Link | 265 | OCR | GLS | 99-year | MCC Land (Singapore) |
| Lentor Modern at Lentor Central | 605 | OCR | GLS | 99-year | GLL D (GuocoLand) |
| Jalan Anak Bukit | 845 | OCR | GLS | 99-year | FEO and Sino Group |
| Ang Mo Kio Avenue 1 | 370 | OCR | GLS | 99-year | UOL Group, Singapore Land Group and Kheng Leong Group |
| Piccadilly Grand at Northumberland Road | 405 | RCR | GLS | 99-year | City Developments Limited and MCL Land |
| North Gaia EC - Yishun Avenue 9 | 616 | OCR | GLS/EC | 99-year | Sing Holdings Limited |
| Tengah Garden Walk EC (Tengah Garden Residences) | 615 | OCR | GLS/EC | 99-year | Taurus Properties SG (City Developments Ltd and MCL Land) |
| Evelyn Road | 25 | CCR | En bloc | Freehold | Victory Land Pte Ltd |
| Phoenix Road (The Arden) | 80 | OCR | En bloc | 99-year | Qingjian Realty Pte Ltd |
| Former Bedok Point | TBC | OCR | Redevelopment | 99-year | Frasers Property (Already own Bedok Point) |
Buying a condo good for investment in Singapore?
There is no one-size-fits-all answer to this question, as the investment potential of a condo will depend on a number of factors, including the location, layout, and amenities of the unit. That said, if you are looking for an investment that has a good chance of generating stable returns, condos may be a good option. Here are some factors to consider when buying a condo:
1. Research the area - Make sure to do your research before buying a condo. Not all areas are well-suited for an investment property, and you could end up losing money if you buy in an unfavorable location.
2. Inspect the unit thoroughly - Make sure to inspect the unit thoroughly before committing to purchase. This includes checking for any defects or damage that may not be apparent at first glance.
3. Consider financing options - If you have access to a good credit score and enough equity in your current home, you may be able to qualify for financing options that will help you buy a condo more affordably.
4. Shop around - Don't be afraid to shop around and compare prices before making a purchase. There are often significant discounts available on condos when they are sold privately rather than through an estate agent or broker.
What is Singapore's condo market growth rate?
The Singapore property market has been an area of incredible growth over the past decade. Between 2006 and 2017, the Singapore property market grew at an average annual rate of 10.5%. Singapore property prices have continued to rise in recent years. According to real estate agencies Knight Frank and JLL, Singapore property prices will continue to rise in 2022, but at a slower pace, after a 10.6% increase in private home prices in 2021. In the next five years, Singapore property prices are expected to rise by 7.6%. The city state is home to a number of famous landmarks, including the Marina Bay Sands and the Singapore Flyer, the world's second tallest observation wheel.
The condo market in Singapore is growing rapidly, and there are a number of reasons for this. Among the most important factors contributing to the growth of the condo market in Singapore are the following:
1. The increasing population and urbanisation in Singapore - As the population of Singapore grows, so does the demand for condos. This demand is being met by developers who are building more condos to meet this demand.
2. Economic stability - The Singapore economy has remained strong over the past few years, which has helped to support the condo market.
3. Low interest rates - The low interest rates that are currently in place help to make mortgages more affordable, and this helps to draw in buyers who would otherwise not be able to afford a condo.
4. favourable tax laws - The favourable tax laws that are currently in place make it possible for investors to take advantage of lucrative returns on their investments in condos.
What are the Benefits of Buying a Condo In Singapore?
There are many benefits to purchasing a new condo over an existing home. Here are a few of the most common:
If you're thinking of buying a new condo, it's important to know the benefits of purchasing one. Not only are new condos more diverse in terms of unit types and sizes, but they also tend to have lower maintenance costs. Additionally, since they're just starting out, new condos often appreciate faster than older units due to a higher demand for them. So if you're looking for a place to call home that's still in its infancy, consider investing in a brand-new condo development!
1. Lower maintenance costs - New condos typically require less maintenance than older homes, since they are usually built with newer construction methods and materials. This means that you'll save money on repairs and replacements down the road.
2. More modern design and style - New condos are often more in line with today's contemporary lifestyle, offering a more stylish and functional option than older homes.
3. Easier access to amenities and services - Since condos usually have more centralized locations, you'll often have better access to amenities and services than you would if you lived in an older home located in a dispersed area. This includes things like restaurants, shopping, and transportation options.
4. More space - Many condo developers now build larger units than ever before, giving buyers more space than ever before to call their own. This can be great for people who want more room to spread out or for those who want to downsize from their current home without having to sacrifice much functionality or quality.
So, whether you're looking for an affordable option that offers modern design and style, easier access to amenities and services, or just a little extra space - a new condo may be your perfect solution!
Can you negotiate new condo prices?
Yes, you can definitely negotiate new condo prices. However, it's important to know the ins and outs of the property market in your area before you try to haggle - there's a good chance that you won't be successful if you don't have the right information. Here are a few tips that will help you get started:
1. Research the market - Before you even try to negotiate, it's important to do some research on the property market in your area. This will give you an idea of what prices are typical and what sorts of offers are common.
2. Prepare a list of expectations - Next, make sure that you have clear expectations for the negotiation process. Know what you're looking for in terms of price and type of property (condo vs detached). Be realistic about your chances of success, and don't set yourself up for disappointment if things don't go as planned.
3. Be patient - The negotiation process can often be frustrating and time-consuming, but it's worth it if you can get a great deal on a new condo. Be prepared to stick to your guns, and don't let emotions get in the way - after all, this is business!
what condo can i afford?
This is a difficult question to answer, as condo prices vary drastically based on location and size. However, here are a few general tips that may help you estimate how much you can afford:
1. Figure out your monthly expenses - This will help you get an idea of how much money you'll need to put aside each month in order to afford a condo. This includes things like your rent, mortgage payments, and other bills.
2. Compare prices and amenities - Once you have an idea of your monthly expenses, start looking at condos in your desired location and size. Use online tools like CondoCompare or Cozy to compare prices and amenities.
3. Talk to real estate agents - If you're not sure about what you want or where to start, talk to a few real estate agents in your area. They can help you narrow down your options, and may be able to give you some advice on which condos are within your budget.
4. Make a binding offer - Once you've found the perfect condo, it's important to make a binding offer that's contingent on receiving the necessary paperwork (usually involving pre-approval from the bank). This way, both parties know where they stand and there's less risk of misunderstandings or disagreements later on down the road.
What is the new condo payment structure?
When it comes to condo payments, there is a lot of information out there. So, in order to make things as easy as possible for you, we put together the following payment structure guide:
* Monthly rent: The monthly rent is usually due on the same day each month.
* Security deposit: This deposit is usually paid within 2-3 days of moving in and is generally refunded once the condo is inspection complete.
* Monthly water/sewer/ Garbage bill: These bills are typically due on the 1st or 15th of each month and are paid automatically through your bank account.
* Condo insurance: This policy is typically purchased when you move in and covers damage caused by fire, theft, or other incidents. It's important to note that this policy isn't renter's insurance and won't cover any damage caused by you or your guests.
What is Difference Freehold Condo vs Leasehold Condo?
The freehold of a property is the right of a landowner to use the land, which can be sold and bought. A leasehold is a form of land ownership where the owner has a contractual agreement to use a property for a specific period of time. Leaseholds can be granted for specific times, such as 99 years. A property with a freehold has the legal right to sell the property at any time. Leaseholds can be sold to a third party at any time. Therefore leasehold is cheaper than freehold. Freehold is a better form of property ownership because it allows the landowner to sell the property at any time.
Owning a home is a great investment and there are many different types of homes to choose from. If you're thinking about buying, it's important to know the differences between freehold and leasehold properties.
Leasehold properties are cheaper than freehold properties for a few years now, but they come with some disadvantages. For example, local upgraders and investors may be more interested in purchasing private leasehold homes as they tend to be lower in quantum prices. This means that you could end up paying up to 15 percent more for the same property if you're looking at buying on the open market.
new launch condo design trends for 2023
The condo trend for 2023 is all about sustainability and eco-friendly design. Many of the new condo projects on the market are focusing on using sustainable building materials and designing units that are more energy-efficient. Some of the most popular sustainable building materials used in condo construction today include:
1. Glass - Glass is a popular choice for walls and ceilings because it is a light and airy material that can help create a modern and sleek interior look.
2. Bamboo - Bamboo is a natural material that is used to build floors, ceilings, and other structural components of condos. It is strong, lightweight, and environmentally friendly, making it a popular choice for new condo projects.
3. Straw bale - Straw bale construction is becoming increasingly popular because it is an eco-friendly alternative to traditional building materials like concrete and steel. Straw bale construction is inexpensive to build, strong, and fire resistant, making it a good choice for high-rise condos.